Senior JIB Accountant

Join our team and shape the future with us! At Verdun Oil Company, we believe in empowering our employees to innovate, grow, and make a real impact. Whether you’re just starting out or looking to advance your career, you’ll find a supportive, collaborative environment where your talents are valued and your contributions make a difference. Discover endless opportunities to learn, lead, and succeed with us! Senior JIB Accountant Houston, TX Full Time Description: This position is responsible for independently, under limited supervision, performing and reporting on all aspects of the joint interest billing (JIB) accounting activities across the organization. This candidate will be an instrumental member of the accounting team and should have experience with the detailed accounting processes, preferably with an oil and gas operator. The candidate must have the ability to meet tight deadlines on multiple complex accounting tasks, including working evenings and weekends when necessary. This position will report to the Manager of JIB Accounting. Essential Duties and Responsibilities To perform this job successfully, an individual must be capable of the following duties and perform them to a satisfactory level. Responsible for creating month-end close journal entries and preparing account reconciliations. Responsible for classifying and proper accounting for operated and non-operated well expenditures and billing them to wells and owners following the associated joint operating agreements (JOA). Responsible for properly accounting for all G&A expenditures. Responsible for setting up allocations, including internal cost allocations in the accounting software. Responsible for setting up production and drilling overhead entries. Being familiar with JIB decks and how they work. Responsible for assisting with the JIB monthly close for multiple operating companies. Responsible for assisting with working interest owner inquiries and joint venture audits. Responsible for assisting with reviewing lease operating statements (LOS) for accuracy. Responsible for tracking cash calls on non-consents. Responsible for reconciling capital expenditures (CapEx), lease operating expenses (LOE), G&A, and JIB receivable accounts. Responsible for booking LOE and Capital accruals for multiple companies. Responsible for assisting with coordinating authorization for expenditure (AFE) setup, routing & tracking. Responsible for working with operations to provide timely support, analysis, and reporting on CapEx performance, vendor analysis, and cost coding. Responsible for assisting with analysis and report creation for ad hoc data requests. Responsible for mentoring and training less experienced team members. All other duties and tasks as assigned by the direct supervisor or manager. The qualifications and skills listed below are representative of those required to complete the essential duties listed above. Education/Experience A bachelor’s degree in an accounting or related field is preferred. A minimum of 5 years of JIB or general accounting experience for an oil & gas operator is preferred. Other Skills Strong attention to detail. Ability to analyze large amounts of data and organize it into a presentable manner. Highly motivated and able to self-direct daily work and manage multiple tasks of differing priorities. Software Skills Full knowledge of Microsoft Office Experience with oil and gas accounting software (BOLO preferred). #J-18808-Ljbffr